NOT LISTED FOR SALE

1663 Riverside Dr Unit 5 Rochester Hills, MI 48309

Estimated Value: $183,000 - $196,000

2 Beds
1.5 Baths
1,197 Sq Ft
$280/mo HOA Fee

Last Sold November 04, 2016

Last sale price $90,000 $75 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,488/month

82 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • 1-Story Property
  • University Hills Elementary School Rated A
  • Balcony
  • Forced Air Heating and Cooling System

About This Home

As of November 2016

WELCOME TO THIS BEAUTIFUL ROCHESTER HILLS 3RD FLOOR CONDO COMPLETELY UPDATED AND MOVE IN READY. ALL APPLIANCES ARE INCLUDED. FRESH CARPET AND PAINT. PAY ELECTRIC ONLY. ASSOCIATION COVER GAS AND WATER. AWARD WINNING ROCHESTER HILLS SCHOOLS. VERY CLOSE TO SHOPPING AND FREEWAYS. DON'T MISS OUT!

Last Agent to Sell the Property

Jeff Glover

KW Professionals License #6501317808 Listed on: 07/01/2016

KW Professionals

Co-Listed By

Anthony Bertrand

Berkshire Hathaway HomeServices Kee Realty Bham License #6501371220

Last Buyer's Agent

Rao Ravipati

Internet Real Estate, Inc License #RCO-6501334774

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1974 | Remodeled in 2010

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,197 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1519426021
  • $1,000 Seller Concession

Community Details

Overview

  • Kramer Triad Association, Phone Number (248) 879-9700
  • Oakwood Park Occpn 147 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$982

Year Built

Built in 1974 | Remodeled in 2010

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story
  • Year Built: 1974
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1197
  • Total Sq Ft: 1197

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Exterior Features: Club House, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-879-9700
  • Association Fee: 280
  • Association Contact: KRAMER TRIAD
  • Association Fee: No

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 1519426021

Tax Info

  • Tax Amount Summer: 528.0000
  • Tax Amount Winter: 454.0000
  • Total Tax: 982.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Nov 4, 2016
Sold by
Cheng & Associates Llc
Bought by
Gudipati Sudhakar S and Gudipati Padma L
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Rao Ravipati
Internet Real Estate, Inc
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Current Estimated Value
$190,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,802
Avg. Annual Appreciation
9.14%
Original Mortgage
$72,000
Outstanding Balance
$58,220
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$137,153

Purchase Details

Closed on
Jul 17, 2015
Sold by
Midland Realty Investments Llc and Wong Peng Hee
Bought by
Cheng & Associates Llc

Purchase Details

Closed on
Feb 17, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 3, 2009
Sold by
Banta Deborah J
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jul 23, 1999
Sold by
Kowal Charles W
Bought by
Banta Deborah J

Purchase Details

Closed on
Aug 25, 1995
Sold by
Sagamang Thomas E
Bought by
Kowal Charles W and Kowal Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
7.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gudipati Sudhakar S $90,000 None Available
Cheng & Associates Llc $50,000 None Available
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $88,106 None Available
Banta Deborah J $99,900 --
Kowal Charles W $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudipati Sudhakar S $72,000
Previous Owner Kowal Charles W $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $90,000 -7.7% $75 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
07/24/2016 07/24/16 Price Changed $97,500 -2.5% $81 / Sq Ft
07/12/2016 07/12/16 Price Changed $100,000 -4.8% $84 / Sq Ft
07/01/2016 07/01/16 For Sale $105,000 -- $88 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $1,452 $62,120 $0 $0
2018 $2,403 $48,080 $0 $0
2017 $2,284 $47,880 $0 $0
2015 -- $33,280 $0 $0
2014 -- $26,740 $0 $0
2011 -- $32,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Glover

    Seller's Agent in 2016

    Jeff Glover

    KW Professionals

    (855) 533-3735

    14 in this area

    2,291 Total Sales

    Jeff Glover
    Section Image
  • Anthony Bertrand

    Seller Co-Listing Agent in 2016

    Anthony Bertrand

    Berkshire Hathaway HomeServices Kee Realty Bham

    (734) 259-1100

    72 Total Sales

    Anthony Bertrand
    Section Image

  • R

    Buyer's Agent in 2016

    Rao Ravipati

    Internet Real Estate, Inc

    (248) 349-7676

    3 in this area

    30 Total Sales

    Rao Ravipati
    Section Image
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Map

Source: Realcomp

MLS Number: 216065373

Realcomp

APN: 15-19-426-021

Michigan Oakland County Rochester Hills 48309

1663 Riverside Dr Unit 5, Rochester Hills, MI

This home is located at 1663 Riverside Dr Unit 5, Rochester Hills, MI 48309 since 01 July 2016 and is currently estimated at $190,802, approximately $159 per square foot. This property was built in 1974. 1663 Riverside Dr Unit 5 is a home located in Oakland County with nearby schools including University Hills Elementary School, West Middle School, and Rochester High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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